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Stock market today: Dow rises, S&P 500 and Nasdaq notch fresh records as war resolution hopes grow
US stocks posted fresh records on Thursday after President Trump said Israel and Lebanon agreed to a temporary ceasefire, which has been a key sticking point in US-Iran negotiations.
The Dow Jones Industrial Average (^DJI) rose 0.2%. The tech-heavy Nasdaq Composite (^IXIC) climbed 0.4% to hit a new record, while the S&P 500 (^GSPC) rose about 0.2% to post an all-time high after pushing through the 7,000 level in the previous session.
Stocks turned higher after Trump posted on Truth Social that Israel and Lebanon reached a 10-day ceasefire agreement, lifting hopes for a break in the Middle East conflict. The US and Iran are reportedly in indirect discussions to prolong their two-week ceasefire set to expire on April 22, with both sides said to be in favor of an extension. The US is still “very much engaged in these negotiations,” Karoline Levitt, the White House press secretary, said on Wednesday.
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Wall Street sets another record after US stocks tick higher
John Bishop, left, and others work on the floor at the New York Stock Exchange in New York, Monday, April 13, 2026. (AP Photo/Seth Wenig)
NEW YORK (AP) — The U.S. stock market ticked to another record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move.
The S&P 500 rose 0.3%, a day after topping its prior all-time high set in January, for its 11th gain in 12 days. The Dow Jones Industrial Average added 115 points, or 0.2%, and the Nasdaq composite rose 0.4%.
U.S. stocks have leaped more than 10% since hitting a low in late March, driven by hopes for an end to the war or something that could avert a worst-case scenario for the global economy. Now, the wait is on to see if such hopes were prescient or just wishful thinking.
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